Tremont Mortgage Trusthares of Benefici (NASDAQ:TRMT) Short Interest Increased By 10.53%

The stock of Tremont Mortgage Trusthares of Benefici (NASDAQ:TRMT) registered an increase of 10.53% in short interest. TRMT’s total short interest was 18,900 shares in June as published by FINRA. Its up 10.53% from 17,100 shares, reported previously. With 16,800 shares average volume, it will take short sellers 1 days to cover their TRMT’s short positions. The short interest to Tremont Mortgage Trusthares of Benefici’s float is 0.88%.

The stock decreased 2.27% or $0.11 during the last trading session, reaching $4.73. About 50,626 shares traded. Tremont Mortgage Trust (NASDAQ:TRMT) has declined 50.44% since June 11, 2018 and is downtrending. It has underperformed by 54.87% the S&P500.

Tremont Mortgage Trust, a real estate investment trust, focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate in the United States. The company has market cap of $38.75 million. The firm qualifies as a real estate investment trust for federal income tax purposes. It currently has negative earnings. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders.

More notable recent Tremont Mortgage Trust (NASDAQ:TRMT) news were published by: Businesswire.com which released: “Tremont Mortgage Trust Prices Initial Public Offering – Business Wire” on September 14, 2017, also Seekingalpha.com with their article: “Government Properties Income names Blackman managing trustee – Seeking Alpha” published on October 25, 2018, Businesswire.com published: “Tremont Mortgage Trust Announces its First Dividend on Common Shares – Business Wire” on January 18, 2019. More interesting news about Tremont Mortgage Trust (NASDAQ:TRMT) were released by: Businesswire.com and their article: “Tremont Mortgage Trust Closes $29.5 Million First Mortgage Bridge Loan to Acquire a St. Louis, MO Office Portfolio – Business Wire” published on December 20, 2018 as well as Seekingalpha.com‘s news article titled: “U.S. IPO Weekly Recap: A SPAC And A Reg A+ Price; 2 Billion-Dollar Companies File – Seeking Alpha” with publication date: August 20, 2017.

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